Updated on May 5th, 2023A Michigan general power of attorney form is used to designate an attorney-in-fact to perform financial transactions on the principal’s behalf. The contract allows the attorney-in-fact unrestricted monetary powers as long as they act for the benefit of the principal. Unlike the durable power of attorney, the contract is terminated if the principal becomes incapacitated. Signing Requirements – Two witnesses and/or…
Updated on May 5th, 2023A Maryland medical power of attorney form allows residents to name an agent to make healthcare decisions on their behalf in the event of the principal’s incapacitation. Most individuals choose their spouse, relative, or close friend as their agent. State law prohibits the principal from choosing their physician or anyone else professionally involved in their healthcare. The individual selected should be…
Updated on April 12th, 2023An Arizona durable power of attorney form is used to choose a person to be an “Agent,” to manage the finances of the principal signatory. The agent need not be an attorney but should live in close enough proximity to the principal to perform necessary financial tasks if it becomes necessary. A durable power of attorney enables a principal to grant…
Updated on May 4th, 2023A Florida general power of attorney form allows an agent to act in another person’s best interest with regard to any financial matter. The general form does not remain valid if the principal loses decisional capacity; at such a point, the document would become void. For this reason, this document is popular with business partners and attorneys, where as long as…
Updated on May 10th, 2023A New Jersey revocation of power of attorney form can be produced should a principal wish to annul any type of power of attorney document. The revocation form must be clear as to the name of the original power of attorney document and the date upon which it will be terminated. Once the revocation form is filled out, the principal must…
